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Message #2
From: Stock News Bot
Date: July 24, 2006 06:00:00 AM

RGUS News REGI U.S., Inc. Engages New York Investment Banker

VANCOUVER, British Columbia--(BUSINESS WIRE)--July 24, 2006--REGI U.S., Inc. (OTCBB:RGUS) (Frankfurt Stock Exchange:RGJ) is pleased to announce that J.H. Darbie & Co., Inc. (www.jhdarbie.com) has been engaged to act as REGI U.S., Inc.'s Financial Advisor and Corporate Consultant for a period of 12 months, as follows:

-- Organize an investor information package that highlights the critical data required for a due-diligence assessment

-- Research the domestic and global markets in order to provide investors with a general overview of the product/service in context of its commercial setting

-- Suggest market positioning strategies that will help differentiate the company from other companies in its respective sector

-- Assist company to identify possible merger and acquisition opportunities

-- Assist company to both identify and negotiate terms with prospective IR/PR firms, corporate counsel, and corporate consulting & advisory services

-- Advise and assist in matters pertaining to the financial requirements of the company and to assist, as and when required, in formulating plans, terms, and methods of financing

-- Engage an extensive network of high net worth and institutional investors in order to provide financing as necessary

REGI U.S., Inc. will also instruct J.H. Darbie to assist the Company in applying for a listing on the American Stock Exchange or NASDAQ.

ABOUT J.H. DARBIE & COMPANY

J.H. Darbie and Company is a fast growing Wall Street Financial Services Firm offering wide range solutions to both private and public entities seeking capital. Through a broad focus on the macro environment JH Darbie keeps abreast of shifting global trends and accordingly positions itself as an industry generalist. The J.H. Darbie Corporate Finance team has earned its place at the forefront of Investment Banking firms that arrange Financing and provide Advisory Services and Capital Market solutions to small and mid cap companies.

J.H. Darbie's Private Client Service division takes pride in providing clients with excellent customer service, fast executions and tailor made solutions for each clients needs. With an extensive global network of international investors and corporate contacts, J.H. Darbie has proven its ability to offer a unique mix of both specialized and comprehensive solutions.

ABOUT REG TECHNOLOGIES, INC. / REGI U.S., INC.

REGI U.S., Inc. owns the U.S. rights and the parent company Reg Technologies Inc. owns the worldwide rights to the Rand Cam(TM) rotary technology. The engine is a light weight rotary engine that has only two moving parts: the vanes (up to 12) and the rotor, compared to the 40 moving parts in a simple four-cylinder piston engine. This revolutionary design makes it possible to produce a total of 24 continuous power impulses per one rotation that is vibration -free and extremely quiet. The Rand Cam(TM) engine also has multi-fuel capabilities and is able to operate using fuels including gasoline, natural gas, hydrogen, propane and diesel. Reg Technologies Inc., together with REGI U.S., Inc., is in the process of testing a Rand Cam(TM) diesel engine for a generator application for hybrid electric cars and for unmanned aerial applications for the U.S. military. For more information please visit www.regtech.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"John Robertson"

John Robertson

President

Forward-Looking Statements

This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional cord blood banking revenue streams. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.

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